Quote from: Claudyah on May 25, 2018, 09:53:50 AM

Quote from: elemosho.crypto on May 22, 2018, 01:59:23 PM

Hi, I always try to understand the science of bitcoin. But stuck in one point from last few days. I really wonder that what are the factors that have high impact on bitcoin price or its movement. Your brief will be much appreciated.

Very fast price movements occur because many people are afraid of losing profits quickly and if we ask who those people are big investors who keep some of the money in a very large capacity in bitcoin. And that becomes a benchmark for an increase or a decrease in prices.

Almost all of us are afraid to loose profits but selling isnt the only solution to our problem because if we did sell we will only help bitcoins value to go down evenly. thats why if i were you i would not sell my coins , instead i will just wait for a while , i will wait until bitcoin reaches again its new ath which is 19 to 20k usd and i guess that is the perfect time to sell because the value is verry sufficient to inflict sudden changes or further price fluctuations.